Real Estate

Four point one percent of mortgages in the Inland Empire were delinquent during March, down from 4.8 percent year-over-year, according to data released Tuesday. Mortgages that were seriously delinquent – 90 days or more overdue – in Riverside and San Bernardino counties totaled 1.5 percent, down from two percent in …

Not enough houses are being built to keep up with demand, and the problem is particularly acute in the Inland Empire.  California’s homebuilding industry has made a slow but steady improvement since it all but crashed and burned eight years ago during the height of the recession. In 2009, 36,421 …

Some people in the Inland Empire have gone into business for themselves. Riverside and San Bernardino counties ranked 13 in startup businesses among the 40 largest U.S. metropolitan areas, according to the 2017 Kaufmann Index of Startup Activity. That was five spots better than the two-county region ranked in the …

An estimated 63 percent of all U.S. homeowners with a mortgage saw their equity increase by $766.4 billion during the first quarter of this year, according to data released Thursday. That was an 11.2 percent increase year over year, with the average homeowner gaining about $13,400 in equity during that …

U.S. home prices, including distressed sales, were up 6.9 percent in April year-over-year, according to data released Tuesday. Home prices – which include single-family attached and detached properties – were up 1.6 percent in April compared with March, Irvine-based CoreLogic reported. One reason for the increase was a drop in …

California has a serious housing shortage. That was the opinion of virtually everyone who spoke Friday at the fourth annual Housing Policy Conference in Ontario, which was sponsored by the Baldy View Chapter of the Building Industry Association of Southern California. Statewide, home ownership is at its lowest level since …